A Management Buy-Out is the purchase of a business by its management, usually with the help of external financial backers. Most management teams will only undertake one MBO in their careers (or two if they sell the business to the next generation management). As such, it is very common for the management team to be inexperienced in both the concepts of the MBO and also in raising the finance.
Management Buy Outs – A Practical Guide
20th August, 2018